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I Introduction

I Introduction »

Source: Rules and Discretion in International Economic Policy

Series: Occasional Papers

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752376

Keywords: debt, debt strategy, monetary fund, gold, monetary system

Possibly one of the clearest and most persistent trends during the second half of this century has been the development of an increasing interdependence among national economies. Moreover, as the century’s l...

II Rules and Discretion: An Inevitable Seesaw?

II Rules and Discretion: An Inevitable Seesaw? »

Source: Rules and Discretion in International Economic Policy

Series: Occasional Papers

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752376

Keywords: debt, debt strategy, monetary fund, gold, monetary system

A little more than five years ago, I went to Princeton University to talk about international cooperation and the role of the International Monetary Fund. At that time, external debt was a pressing problem c...

III The International Debt Crisis: What Have We Learned?

III The International Debt Crisis: What Have We Learned? »

Source: Rules and Discretion in International Economic Policy

Series: Occasional Papers

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752376

Keywords: debt, debt strategy, monetary fund, gold, monetary system

The 1980s will almost certainly go down in economic history as the decade of the international debt crisis, a period during which the debt-servicing difficulties of the developing world became a virtually co...

IV Adjustment and Reform: Differences Between East and West?

IV Adjustment and Reform: Differences Between East and West? »

Source: Rules and Discretion in International Economic Policy

Series: Occasional Papers

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752376

Keywords: debt, debt strategy, monetary fund, gold, monetary system

Several years ago, few, if any, observers would have predicted in either scope or pace the historic events now under way in Central and Eastern Europe and in the republics of the former Soviet Union. Yet the...

Rules and Discretion in International Economic Policy

Rules and Discretion in International Economic Policy »

Series: Occasional Papers

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

DOI: http://dx.doi.org/10.5089/9781557752376.084

ISBN: 9781557752376

Keywords: debt, debt strategy, monetary fund, gold, monetary system

Economic interdependence offers the potential for raising global welfare, but there is a fuzzy boundary between national interests and global objectives in the economic policy area. This paper examines the boundary...

Back Matter

Back Matter »

Source: Rules and Discretion in International Economic Policy

Series: Occasional Papers

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752376

Keywords: debt, debt strategy, monetary fund, gold, monetary system

Economic interdependence offers the potential for raising global welfare, but there is a fuzzy boundary between national interests and global objectives in the economic policy area. This paper examines the boundary...

Front Matter

Front Matter »

Source: Rules and Discretion in International Economic Policy

Series: Occasional Papers

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752376

Keywords: debt, debt strategy, monetary fund, gold, monetary system

Economic interdependence offers the potential for raising global welfare, but there is a fuzzy boundary between national interests and global objectives in the economic policy area. This paper examines the boundary...

V The Route Toward One European Economy: Need for More than One Track?

V The Route Toward One European Economy: Need for More than One Track? »

Source: Rules and Discretion in International Economic Policy

Series: Occasional Papers

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752376

Keywords: debt, debt strategy, monetary fund, gold, monetary system

Events in Europe have been moving so fast that it is proving hard to keep up with them. They are, moreover, unfolding on all sides of the continent. Remarkable progress has been made in Western Europe toward...

VI Conclusions

VI Conclusions »

Source: Rules and Discretion in International Economic Policy

Series: Occasional Papers

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

ISBN: 9781557752376

Keywords: debt, debt strategy, monetary fund, gold, monetary system

Much has been written about economic policy, the international system, and national autonomy. In particular, a plethora of views has been expressed on how best to ensure consistency between aspirations of na...